HSBC Bank
HSBC TravelOne Credit Card
Travel and Rewards
Rs. 4999 + GST
Rs. 4999 + GST
Card Details
The HSBC TravelOne Credit Card in India is a travel-focused credit card launched by HSBC Bank, designed to cater to frequent travelers with a mix of rewards, travel benefits, and lifestyle perks.
Available Networks: MastercardReward Details
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4 reward points per ₹100 spent on flights, travel aggregators (e.g., Yatra, MakeMyTrip), and foreign currency transactions (capped at 50,000 points per month).
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2 reward points per ₹100 on all other spends (no cap).
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10,000 bonus points if you spend over ₹12 lakh annually.
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Points are valid for 3 years from the end of the month they are earned.
Best Suited For
You will get high Reward Points as compared to other credit cards
Milestone Details
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Spending Threshold: ₹12 lakh in a membership year
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Benefit:
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10,000 bonus reward points.
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Conditions:
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Calculated over the full membership year (12 months from card issuance or renewal).
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No monthly or category-specific restrictions for this milestone; it’s based on total annual spend.
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Value: Worth approximately 10,000 air miles or hotel points (e.g., ₹5,000–₹10,000 in travel value, depending on redemption rates).
Reward Redemptions
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Instant 1:1 conversion to air miles or hotel points with numerous partners, including Air India, Singapore Airlines, British Airways, Etihad, Qatar Airways, Accor, Marriott, and IHG (exceptions include Air Asia at 1:3 and Shangri-La Circle at 5:1).
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Redeem via the HSBC India Mobile Banking app.
Excluded Spend Categories
You wont get any Reward Points for following spend types
Pros of HSBC TravelOne Credit Card
Instant reward redemption with a wide range of airline and hotel partners.
Decent lounge access for mid-range travelers.
Partnerships with popular travel aggregators enhance savings potential.
Cons of HSBC TravelOne Credit Card
High joining and annual fees (₹4,999 + GST) with modest welcome benefits that don’t fully offset the cost.
Forex markup of 3.5% is steep compared to competitors like HDFC Diners Club Black (2%) or cards with zero forex fees.
Reward rate (4% on travel, 2% elsewhere) is less competitive than alternatives like Axis Atlas (up to 10% on travel).
Why We Like It
The HSBC TravelOne Credit Card is a solid mid-range travel card for those who value instant reward redemptions and travel aggregator discounts.
Application Process
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Visit the HSBC India website (www.hsbc.co.in/credit-cards/), click “Apply Now,” or contact HSBC Phone Banking. Approval takes about 7–14 days, with SMS updates on application status.
Card Eligibility
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Age: 18–65 years.
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Income: Minimum annual income of ₹4 lakh (salaried individuals preferred; self-employed applicants face higher rejection rates).
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Residency: Available only in select cities (e.g., Mumbai, Delhi NCR, Bangalore, Hyderabad, Pune, Chennai, Kolkata, Ahmedabad, etc.).
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Additional Note: Easier approval for existing HSBC banking customers.
Conclusion
The HSBC TravelOne Credit Card is a solid mid-range travel card for those who value instant reward redemptions and travel aggregator discounts. However, its high forex fee, modest reward rates, and city-specific availability make it less compelling compared to alternatives like Axis Atlas or HDFC Diners Club Black, especially for high spenders or international travelers. It’s best as a secondary card for HSBC loyalists or those in covered cities who can maximize its travel partnerships.
